Founding Team Entrepreneurial Experience, External Financing and Social Enterprise Performance

Author:

Sahasranamam Sreevas1ORCID,Lall Saurabh2,Nicolopoulou Katerina1,Shaw Eleanor1

Affiliation:

1. Hunter Centre for Entrepreneurship Strathclyde Business School, University of Strathclyde, 199 Cathedral Street, Glasgow, G4 0QU

2. Adam Smith Business School University of Glasgow, Glasgow G12 8QQ

Abstract

AbstractThis paper examines the influence of founding team entrepreneurial experience (for‐profit and non‐profit) on social enterprise performance and also considers the contingent effects of two forms of external financial capital (commercial and philanthropic finance), through the lens of both human capital and institutional logics. Using a global dataset of social enterprises, we find that non‐profit entrepreneurial experience boosts social enterprise performance. Additionally, we find that having a complementary institutional logics (social or commercial) fit between the founding team's human capital and external financial capital is positively associated with social enterprise performance.

Publisher

Wiley

Subject

Management of Technology and Innovation,Strategy and Management,General Business, Management and Accounting

Reference90 articles.

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